Market News

07.10.08

Argentina House Passes Export Tax Bill

In Argentina, the House has passed the president’s export tax bill, including ch...

07.10.08

G-8 Leaders Call for Renewable Energy

Leaders from the Group of 8 industrialized powers say they are concerned about r...

07.07.08

India To Increase October Edible Oil Imports

India may increase edible oil imports by more than 80% through October, strainin...

07.03.08

Latin America Becoming Major Palm Oil Exporter

Latin America is rapidly increasing palm oil exports, expanding in a global mark...

07.02.08

EU Nears Biofuel Standard Agreement

The EU is nearing agreement on biofuel standards that place human rights and end...

07.01.08

Indonesia Raises CPO Prices

Indonesia will raise export taxes and base prices for crude palm oil and its der...

06.30.08

US Energy Worries on the Rise

A recent poll by Peter D. Hart Research of 1,200 people finds more Americans wor...

06.27.08

Ethanol Prices Could Move Higher

Ethanol prices have the potential to move higher over the next six to 24 months,...

06.26.08

Irish Seaweed Could Be Used For Biofuel

Seaweed from Ireland’s coasts could be used for biofuel production, scientists s...

06.25.08

European Biodiesel Board Predicts 55% Increase in Biodiesel Capacity

The European Union’s installed biodiesel production capacity is estimated to inc...

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CBOT Wheat Trades At All Time High

02.26.08

At the Chicago Board of Trade, wheat traded at an all-time high of $12 per bushel, surging more than 25% after Kazakhstan announced it would impose export tariffs to reduce exports. Kazak consumer prices for wheat rose more than 20% in 2007.

Wheat reserves are expected to fall to 109 million bushels, the lowest figures since the 1970s. Spring wheat rose to more than $24 per bushel, while ethanol corn use is expected to increase by 28% to 4.1 million bushels, pushing corn futures for the May contract to $5.53 a bushel.



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